CoreComm Internet

Features

Make this your home page

Japans central bank raises benchmark interest rate to 1.25%

TOKYO (AP) — Japan’s central bank on Friday raised the benchmark interest rate to 1. 25% from 1. 0%, a 31-year-high. The Bank of Japan has been trying to normalize monetary policy after decades of keeping interest rates near or below zero to try to encourage more borrowing and spending to counter deflation and pull Japan's economy out of the doldrums. Inflationary pressures are rising because of the war in Iran, which has sent oil prices soaring in recent months. That is a big negative for...

Read More
 

----------
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by AccuWeather.